New President and CEO at DID

December 12, 2018

As of January 3, 2019, Gerardo Almaguer will be taking the title of President and CEO of Développement international Desjardins (DID) in replacement of Anne Gaboury, who had expressed an interest in exploring other opportunities after 16 years at the helm of DID.

An engineer by trade, Mr. Almaguer also holds a graduate degree in administration. He has had a long international career spanning almost 20 years and gained a deep understanding of DID, which he joined 13 years ago. For almost four years, he managed the Entrepreneur Financial Center set up by DID in Panama. He also led the Project to Support Colombia’s Agricultural Finance System (PASAC) in Colombia and carried out a variety of other assignments within the organization. Two years ago, he became Senior Director, Agricultural finance and Food security. He has extensive knowledge of how community finance institutions work and is well versed in the issues surrounding both agricultural and small business financing.

For her part, Anne Gaboury will have played a decisive role in shaping DID throughout the many changes that have occurred in the development assistance sector. She helped expand the expertise that DID provides for its partners as part of its technical assistance activities, while also strengthening DID’s position in the investment sector. Under her leadership, DID also established and managed five Entrepreneur Financial Centres in Africa and Latin America, while helping Desjardins caisses roll out solidarity-based financial products.

Ms. Gaboury will accompany the new CEO during the first weeks of his new duties to facilitate the transition.